Grizzly Discoveries (GZD) AI Stock Analysis

• Market Cap: C$6.53M
• Dividend Yield: N/A
• Average Volume (3M): 130.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: N/A
• EPS Growth: 34.21%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 186,602,300
• 10 Day Avg. Volume: 138,860
• 30 Day Avg. Volume: 130,231
• PEG Ratio: 0.22
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: C$0.04 ▲(75.00% Upside)

The score is held back primarily by weak fundamentals—no revenue, ongoing losses, and still-negative operating cash flow—despite improving burn. Technicals are moderately supportive with price above key moving averages and positive MACD, while valuation is constrained by loss-driven negative earnings and no dividend support.

Positive Factors

Low Leverage / Strong Equity Base

A large equity base relative to minimal debt provides durable financial flexibility for an exploration company. Low leverage reduces insolvency risk, supports raising project funding on favorable terms, and lengthens runway while management advances drill targets without immediate debt servicing pressure.

Improving Cash Burn Trend

Material reduction in operating outflows shows management has meaningfully cut burn and improved capital efficiency. This trend lengthens operational runway, lowers near-term financing needs, and increases the probability the company can reach value-driving milestones before dilution or major financings are required.

Focused Exploration Business Model

A clear exploration-stage mandate concentrates resources on discovery and drill-target definition, which can generate asymmetric upside if successful. Ownership of prospective assets and geological data creates optionality for JV deals, farm-outs, or value realization through advancement or sale of projects.

Negative Factors

No Revenue / Ongoing Losses

Absence of revenue and persistent losses mean the business lacks self-sustaining cash generation. Over months this erodes equity if losses continue, forces reliance on external capital, and makes it harder to demonstrate commercial viability to partners or financiers without clear exploration success.

Negative Operating Cash Flow

Sustained negative operating cash flow necessitates ongoing financing to fund exploration and G&A. This creates dilution and execution risk, constrains the pace of drilling and resource definition, and increases sensitivity to capital markets conditions when securing future funding.

Very Limited Internal Staffing

Having no reported employees implies heavy reliance on contractors and third parties for technical, permitting, and project management work. That structure can slow execution, limit institutional knowledge retention, and raise coordination risk as projects scale or require sustained oversight to realize exploration value.

Grizzly Discoveries Business Overview & Revenue Model

Company Description

Grizzly Discoveries Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, copper, silver, and cobalt deposits. It holds interests in Greenwood Project covering approximately 180,000 contiguous acres; and a 100% interest in Robocop property comprising of five mineral claims that covers an area of 5,864 acres located in southeastern British Columbia. The company was formerly known as Grizzly Diamonds Ltd. and changed its name to Grizzly Discoveries Inc. in January 2010. Grizzly Discoveries Inc. was incorporated in 2002 and is headquartered in Edmonton, Canada.

How the Company Makes Money

Grizzly Discoveries makes money through the exploration and potential development of mineral resources. The company's primary revenue streams include the sale or optioning of its exploration properties to larger mining companies who have the capacity to develop these resources. Additionally, Grizzly may generate income through joint venture agreements where costs and profits are shared with partners. The company might also raise funds by issuing shares to finance ongoing exploration activities. Significant partnerships with other mining entities can enhance Grizzly's project development capabilities, potentially leading to production royalties or milestone payments, further contributing to its earnings.

Grizzly Discoveries Financial Statement Overview

Summary

Operating performance remains weak with no revenue and continued losses (TTM EBIT -294k; net loss -353k) and still-negative operating cash flow (-179k). Offsetting this, the balance sheet is relatively solid with low leverage (debt-to-equity ~0.03) and stable assets, and losses/cash burn have improved versus prior years.

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and continued operating losses (EBIT of -294k; net loss of -353k). Losses have narrowed versus recent annual periods (net loss improved from -403k in FY2025 and -582k in FY2024), which is a modest positive trend, but the business still lacks demonstrated revenue generation and remains unprofitable.

Balance Sheet

The balance sheet is supported by a sizable equity base (~$10.0M) versus low debt ($250k), resulting in low leverage (debt-to-equity ~0.03 in TTM (Trailing-Twelve-Months)). Total assets are broadly stable (~$10.4M TTM). The key weakness is ongoing losses driving negative returns on equity (about -3.6% TTM (Trailing-Twelve-Months)), which can gradually erode equity if not reversed.

Cash Flow

Cash generation remains weak: TTM (Trailing-Twelve-Months) operating cash flow is negative (-179k) and free cash flow is also negative (-29k). While cash burn has improved meaningfully from larger outflows in prior years (e.g., FY2023 operating cash flow of -759k and free cash flow of -2.43M), the company is still not self-funding and cash flows do not yet consistently offset losses.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	-217.69K	121.72K	0.00
EBITDA	-402.95K	-618.46K	-517.88K	-560.53K	-378.42K
Net Income	-402.95K	-582.06K	-735.57K	-435.29K	-364.16K
Balance Sheet
Total Assets	10.37M	10.52M	9.88M	10.21M	8.01M
Cash, Cash Equivalents and Short-Term Investments	88.65K	224.08K	214.78K	2.21M	173.14K
Total Debt	250.00K	0.00	0.00	0.00	0.00
Total Liabilities	466.29K	634.66K	264.83K	576.69K	363.39K
Stockholders Equity	9.90M	9.88M	9.61M	9.63M	7.65M
Cash Flow
Free Cash Flow	0.00	-449.13K	-2.43M	-481.89K	-1.11M
Operating Cash Flow	-250.94K	-449.13K	-758.59K	-326.06K	-304.16K
Investing Cash Flow	-22.38K	-321.69K	-1.66M	-154.88K	-782.85K
Financing Cash Flow	132.06K	802.74K	450.51K	2.50M	423.51K

Grizzly Discoveries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GZD, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.53 is Neutral, neither overbought nor oversold. The STOCH value of 116.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GZD.

Grizzly Discoveries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GZD	52 Neutral	C$6.53M	-15.91	-4.07%	―	―	34.21%
PER	49 Neutral	C$15.22M	73.33	14.20%	―	16.85%	―
RKR	48 Neutral	C$9.91M	-14.71	-355.18%	―	―	91.92%
CRUZ	45 Neutral	C$6.65M	-6.14	-24.99%	―	―	27.50%
AME	43 Neutral	C$6.04M	-1.13	―	―	―	6.36%
CAT	42 Neutral	C$3.40M	-25.00	89.38%	―	―	89.47%

Grizzly Discoveries Corporate Events

Grizzly Launches IP Survey Ahead of Drilling at High-Grade Sappho Critical Minerals Target

Grizzly Discoveries has mobilized a geophysical crew to its Sappho critical minerals target in the Greenwood area of British Columbia to begin an induced polarization survey ahead of a drilling program expected to start in mid-February. The work follows encouraging historical drilling and recent surface sampling that returned multiple high-grade copper and platinum group element values, reinforcing the potential for copper-gold skarn and porphyry-style mineralization linked to Jurassic and younger diorite intrusions. The Sappho campaign forms part of a broader, ongoing exploration push across several Greenwood-area prospects, where recent soil and rock sampling and planned ground geophysical surveys are designed to refine drill targets and potentially unlock new discoveries amid strengthening prices for copper and other critical metals.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.

Grizzly Ramps Up IP and Drilling at Sappho Critical Minerals Target in B.C.

Grizzly Discoveries plans an induced polarization survey and diamond drilling program in early 2026 at its Sappho critical minerals target in the Greenwood area of British Columbia, following strong historical and recent surface sampling and drilling results that indicate significant copper, gold, silver and platinum group element potential. The new work at Sappho, alongside ongoing soil, rock sampling and planned ground geophysics across additional targets such as Midway, Motherlode and Rock Creek, underscores the company’s strategy to delineate drill-ready copper-gold skarn and porphyry targets at a time of rising critical metals prices, potentially strengthening its exploration pipeline and positioning within the regional battery and precious metals sector.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.

Grizzly Discoveries Raises $240,000 in First Tranche of Private Placement

Grizzly Discoveries has closed the first tranche of its previously announced non-brokered private placement, raising gross proceeds of $240,000 through the sale of 8 million flow-through units at $0.03 per unit. Each flow-through unit comprises one common share and half a warrant exercisable at $0.05, with the overall offering still open for additional unit and flow-through unit subscriptions, subject to final TSX Venture Exchange acceptance, and resulting in 186.6 million shares now outstanding and new trading restrictions on securities issued under the placement.

Grizzly Discoveries Launches $1 Million Private Placement for Exploration

Grizzly Discoveries Inc. announced a private placement offering of Units and FT Units to raise up to $1 million, aimed at funding mineral property exploration, mineral rights, and corporate overhead. The offering, subject to TSX Venture Exchange acceptance, includes up to 8,333,333 Units and 25,000,000 FT Units priced at $0.03 each, with proceeds intended for exploration and corporate expenses, reflecting the company’s strategic focus on expanding its exploration activities.

Grizzly Discoveries Advances Exploration at Greenwood Project

Grizzly Discoveries has mobilized a crew to commence fieldwork at its Greenwood, BC Precious and Battery Metals Project, aiming to conduct trenching and drilling subject to financing. The company has also settled outstanding debts by issuing common shares and completed the Midway Mine Option, granting it a 100% interest in the Midway Mine Claims. The exploration at the Midway area targets copper-gold skarn and epithermal gold-silver deposits, with recent samples indicating high-grade mineralization potential. The company plans further exploration and drilling in late 2025 or early 2026, contingent on financing and weather conditions.

Grizzly Discoveries Secures $153,000 in Private Placement to Boost Exploration Efforts

Grizzly Discoveries Inc. has successfully closed a non-brokered private placement, raising $153,000 to fund its mineral property exploration and cover corporate overheads. This financial move, involving the issuance of Units and FT Units, strengthens Grizzly’s position in the mineral exploration industry, allowing it to continue its development projects in British Columbia. The transaction included a related-party component but was exempt from certain regulatory requirements due to its size relative to the company’s market capitalization.